Bay Meadows Corporation designs and produces a line of golf equipment and golf apparel. Bay Meadows...

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Bay Meadows Corporation designs and produces a line of golf equipment and golf apparel. Bay Meadows has 100,000 shares of common stock outstanding as of the beginning of 2024. Bay Meadows has the following transactions affecting stockholders' equity In 2024. March 1 May 10 June 1 July 1 Issues 45,000 additional shares of $1 par value common stock for $42 per share. Purchases 4,000 shares of treasury stock for $45 per share. Declares a cash dividend of $1.00 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) Pays the cash dividend declared on June 1. October 21 Resells 2,000 shares of treasury stock purchased on May 10 for $50 per share. Required: Determine the financial statement effects of each of these transactions. Complete this question by entering your answers in the tabs below. March 1 May 10 June 1 July 1 October 21 Issues 45,000 additional shares of $1 par value common stock for $42 per share. Determine the financial statement effects of March 1. Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no financial statement effects" in the first account field. Assets Liabilities Balance Sheet Contributed Capital Income Statement Revenues Expenses Net Income Stockholders' Equity Retained Earnings Treasury Stock March 1 May 10 > Bay Meadows Corporation designs and produces a line of golf equipment and golf apparel. Bay Meadows has 100,000 shares of common stock outstanding as of the beginning of 2024. Bay Meadows has the following transactions affecting stockholders' equity In 2024. March 1 May 10 June 1 July 1 Issues 45,000 additional shares of $1 par value common stock for $42 per share. Purchases 4,000 shares of treasury stock for $45 per share. Declares a cash dividend of $1.00 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) Pays the cash dividend declared on June 1. October 21 Resells 2,000 shares of treasury stock purchased on May 10 for $50 per share. Required: Determine the financial statement effects of each of these transactions. Complete this question by entering your answers in the tabs below. March 1 May 10 June 1 July 1 October 21 Issues 45,000 additional shares of $1 par value common stock for $42 per share. Determine the financial statement effects of March 1. Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no financial statement effects" in the first account field. Assets Liabilities Balance Sheet Contributed Capital Income Statement Revenues Expenses Net Income Stockholders' Equity Retained Earnings Treasury Stock March 1 May 10 >